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Nov 19, 2012
11/12
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u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks con
u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low...
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right now on our website of the u.s. appoints a prominent party animal as its cultural ambassador to the middle east find out how the punk rock star if you w.k. is planning to unite the human race. for the biggest shopping day of the year for online u.s. retailers is expected to bring more profit than black friday at the full details on cyber monday and plenty of other stories on our t.v. dot com. coming up very soon peter lavelle and his guests are tackle the u.s. war on drugs and the latest episode of crosstalk don't miss it here on r.g.p. after show break. invented by the famed soviet author p.d. is good for you as are for the nine hundred fifty s. these frames were initially used to treat fractures in deformities by cutting bones and slowly pulling them up or therefore stimulating tissue regeneration it was off was able to receive arms and legs and people who thought they were crippled for life about a third of patients admitted to the was out of center nowadays seeking surgery focused magic reasons most of them. and
right now on our website of the u.s. appoints a prominent party animal as its cultural ambassador to the middle east find out how the punk rock star if you w.k. is planning to unite the human race. for the biggest shopping day of the year for online u.s. retailers is expected to bring more profit than black friday at the full details on cyber monday and plenty of other stories on our t.v. dot com. coming up very soon peter lavelle and his guests are tackle the u.s. war on drugs and the latest...
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Nov 8, 2012
11/12
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>> this is tightly organized theaters just like conventions are here in the u.s. no party hats or streamers or bloorngs but it's really a similar show for the media. the real negotiations happen behind closed doors and most of them as much as a month or more than a month ago. in china, the thing to know is that decisions like these are made by consensus among a group of people that number in the hundreds and not in the single digit which is means it's an average of a bunch of opinions which means it's quite stable relative to a personality-driven election like in the u.s. there are three factions in play in china right now. the the hu and wen factions worked through the provinces to become leaders and they're the reformers. the second group is the jiang zemin group and jiang was the president before hu who left in 2002. he was widely viewed that on his death bed he's made a resurgence and this convention is basically the jiang zemin crowd known as the shanghai gang in china taking over the china. the children of the original revolutionary leaders and xi is one of
>> this is tightly organized theaters just like conventions are here in the u.s. no party hats or streamers or bloorngs but it's really a similar show for the media. the real negotiations happen behind closed doors and most of them as much as a month or more than a month ago. in china, the thing to know is that decisions like these are made by consensus among a group of people that number in the hundreds and not in the single digit which is means it's an average of a bunch of opinions...
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Nov 7, 2012
11/12
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there's no sign that the u.s. industry is going back to its bad practices of too many incentives, too much inventory. the only real thing ailing our detroit companies is what's happening outside the u.s. and obviously that is europe. that's helping fiat. it's hurting ford and general motors. >> good stuff. thanks so much for your time. i know you got very little sleep too. steve rattner. >> president obama's victory is a sign that health care reform is here to stay. we'll show you best ways to play the sector on a day that your money could use triage as we're down at this hour and spencer rascoff on the post-election picture and punishment the company took following the company's guidance yesterday. a post-election sell-off on wall street. dow down by 1.8%. s&p down also. >> at these levels worst day since june. >> much more "squawk on the street" coming right up. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come o
there's no sign that the u.s. industry is going back to its bad practices of too many incentives, too much inventory. the only real thing ailing our detroit companies is what's happening outside the u.s. and obviously that is europe. that's helping fiat. it's hurting ford and general motors. >> good stuff. thanks so much for your time. i know you got very little sleep too. steve rattner. >> president obama's victory is a sign that health care reform is here to stay. we'll show you...
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Nov 23, 2012
11/12
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plus the annual u.s. shopping frenzy known as black friday gets an early start this year as many americans finish their thanksgiving dinner and headed out in search of big deals thursday night. meanwhile we've been traveling throughout central and eastern europe looking at the impact of austerity. geoff is in croatia capital. >> of course these stories are intimately connected and we spoke with the prime minister here just yesterday before he headed off to those budget discussions in brussels. it is very important for croatia that there is a resolution of these budget negotiation talks because they exceed to the eu next year and they are hoping to receive about 10 billion euros in support as a result of being an eu member. but let's talk about how the economy is fairing anyhow. we've had four years of really no growth in this economy. and i'm very interested to know from the central bank governor what the central bank has been doing to try to stimulate growth here. boris has joined me. in isn't that econo
plus the annual u.s. shopping frenzy known as black friday gets an early start this year as many americans finish their thanksgiving dinner and headed out in search of big deals thursday night. meanwhile we've been traveling throughout central and eastern europe looking at the impact of austerity. geoff is in croatia capital. >> of course these stories are intimately connected and we spoke with the prime minister here just yesterday before he headed off to those budget discussions in...
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Nov 5, 2012
11/12
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in november 2001, two years after judge jackson's monopoly ruling, the u.s. department of justice and microsoft reached an agreement to settle the case. as for bill gates, the man at the forefront of the personal computer revolution, he is now a full-time philanthropist. he stepped down as microsoft ceo in january 2000 and gradually reduced his full-time role with the company. in june 2008, he relinquished his last full-time position with microsoft, turning his attention to the bill and melinda gates foundation, the world's largest philanthropic organization, which he cochairs with his wife. the couple now has three children. their second daughter, phoebe, was born in 2002. gates remains involved with microsoft as its nonexecutive chairman and largest shareholder. well, that's this edition of 60 minutes on cnbc. i'm lesley stahl. thank you for joining us. captioning by captionmax www.captionmax.com [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a hal
in november 2001, two years after judge jackson's monopoly ruling, the u.s. department of justice and microsoft reached an agreement to settle the case. as for bill gates, the man at the forefront of the personal computer revolution, he is now a full-time philanthropist. he stepped down as microsoft ceo in january 2000 and gradually reduced his full-time role with the company. in june 2008, he relinquished his last full-time position with microsoft, turning his attention to the bill and melinda...
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Nov 13, 2012
11/12
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meanwhile the agenda in the u.s., the monthly u.s. federal budget statement will be released at 2:00 p.m. 3:30, janet yellen will speak with central bank communication. and on the earnings front, we get numbers before the open fho depot, michael kors. after the close, cisco systems. >> the u.s. holiday shopping system officially kicks off black friday, the day after thanksgiving. but for consumers in the new york city area, finding that perfect holiday gift may not be the first thing on their minds. they're continuing to clean up after hurricane sandy. before the storm struck, a majority of chains were fairly confident about the holidays expecting sales to be the same or better than last year. joining us now is executive vice president of the retail council of new york. ted, good morning. we spoke with you last just after the storm. and your sense wasn't clear yet as to what the impact would be. and that ben foit a home dae poe and the other suppliers or would it hurt results for retailers broadly speaking. do you have anymore clarity
meanwhile the agenda in the u.s., the monthly u.s. federal budget statement will be released at 2:00 p.m. 3:30, janet yellen will speak with central bank communication. and on the earnings front, we get numbers before the open fho depot, michael kors. after the close, cisco systems. >> the u.s. holiday shopping system officially kicks off black friday, the day after thanksgiving. but for consumers in the new york city area, finding that perfect holiday gift may not be the first thing on...
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Nov 27, 2012
11/12
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u.s. stocks are down 2%. that's like nothing. so basically what's happening is this fiscal cliff is holding down a market that's being boosted by what steve said, better economic numbers, not just in the u.s. china's bottom is going up. we've seen better pmi numbers in europe. monetary expansion is pushing asset spriess up. so again, if you believe there's going to be resolve, and it could well go down. i actually think there will be bigger buying opportunities if you go through december 31st with negative rhetoric into the new year. that's when things get really nasty here. i don't learn anything from the sound bites from senator reid or boehner or anybody else. these are just negotiations going on. >> all right. >> unfortunately in public. that's my point. >> that's how it's always done. you are so hopeful, bill. >> larry, steve, i'll see you later. >> it's charming, bill. just charming. all right. we have -- >> that's a code word on her part, by the way. >> 13 minutes before the closing bell. the dow jones industrial average l
u.s. stocks are down 2%. that's like nothing. so basically what's happening is this fiscal cliff is holding down a market that's being boosted by what steve said, better economic numbers, not just in the u.s. china's bottom is going up. we've seen better pmi numbers in europe. monetary expansion is pushing asset spriess up. so again, if you believe there's going to be resolve, and it could well go down. i actually think there will be bigger buying opportunities if you go through december 31st...
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Nov 20, 2012
11/12
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u.s., as well. cac 40 down half a percent. weighed town by the moody's downgrade, although expected. and ibex done around 0.4%. french debt market, yields are up to 2.1%. treasuries slightly higher, but still below 6%. ten year bund yields slightly lower. so france is trading with the peripheral in that sense. euro-dollar, 1.2794 is where we stand, dipping slightly on on the back of the french downgrade. dollar-yen 81.26, but the yen has been down at acceseven mont lows. aussie dollar slightly weaker against the u.s. dollar. rba minutes suggesting that their policymakers consider further monetary easing may be appropriate. still to come, we'll be in athens and brussels. euro group reportedly close to signing off on the next tranche aid. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. get o
u.s., as well. cac 40 down half a percent. weighed town by the moody's downgrade, although expected. and ibex done around 0.4%. french debt market, yields are up to 2.1%. treasuries slightly higher, but still below 6%. ten year bund yields slightly lower. so france is trading with the peripheral in that sense. euro-dollar, 1.2794 is where we stand, dipping slightly on on the back of the french downgrade. dollar-yen 81.26, but the yen has been down at acceseven mont lows. aussie dollar slightly...
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Nov 30, 2012
11/12
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even if the u.s. growth numbers are stronger, they might be stronger only because they're heading off the fiscal cliff. there's still more fiscal tightening to do. >> i'm just trying to get a reasonable trip to greece here. you're con founding my hopes. but thanks very much for stopping by. and i had dree adrian reminding us that the 1.30 level may be around to stay. >>> coming up a little later, what toys will kids be badgering parents for this christmas? beccy and geoff visited the fair to find out. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. japan has finally gotten a bit of a reprieve. here are the details from korea. >> a raft of economic data out, some of it surprising toward the up side. industrial output recovering to 1.8% versus expectations of a fall of 2.2%. things a
even if the u.s. growth numbers are stronger, they might be stronger only because they're heading off the fiscal cliff. there's still more fiscal tightening to do. >> i'm just trying to get a reasonable trip to greece here. you're con founding my hopes. but thanks very much for stopping by. and i had dree adrian reminding us that the 1.30 level may be around to stay. >>> coming up a little later, what toys will kids be badgering parents for this christmas? beccy and geoff visited...
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Nov 27, 2012
11/12
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u.s. customers as market regulators say its trades aren't legal. shanghai composite closed below 2,000 for the first time in three years. it comes at a time when plenty have been talking up chinese growth prospects for next year. so we'll get into that more later. but 1991 is the closing level. this the main one to watch across asia. the nikkei did manage to continue it rally adding about 0.4% as the yen weakens on comments this morning. forex, the dollar-yen one to watch, 82.19 is the level there. the aussie dollar doing a little bit abouter despite that weak number on the shanghai composite. sterling is flat. we'll get into that more later. and euro-dollar just barely higher today, we did see it rallying over the 1.30 mark last night. as we look at crude rallying adding a third of a percent. brent about a quarter of a percent. copper, we're adding 0.2%. 354 bucks on that contract. the real foe you can as we continue to examine whether china's economy is fundamentally hanging in there, co
u.s. customers as market regulators say its trades aren't legal. shanghai composite closed below 2,000 for the first time in three years. it comes at a time when plenty have been talking up chinese growth prospects for next year. so we'll get into that more later. but 1991 is the closing level. this the main one to watch across asia. the nikkei did manage to continue it rally adding about 0.4% as the yen weakens on comments this morning. forex, the dollar-yen one to watch, 82.19 is the level...
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Nov 12, 2012
11/12
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a lot of thatoming from the u.s. what all of this means in terms of the global energy trade is that we will see a shift in terms of the diversification and build up in supply. we will have a change in terms of where the middle east oil is going, as well. 90% of that is expected to go to asia by 2035. >> i'm curious what the temperature on the floor was on this report. do people buy this? >> a lot of traders say it is already priced in when you look all the way out to 2017 and 2020 we are seeing that priced in and the divergence that you are seeing between crude highlights the fact that there is a lot of focus in how much supply we have here in the u.s. this is just a confirmation of @ñat fact. >> it is so good to have you today because we are kicking off the new segment called fast or fiction where we take something like this report and see if you guys are buying it. >> i'm not buying it because tla far out in the future. we will be energy independent far faster than the iea thinks it will happen. i think in north a
a lot of thatoming from the u.s. what all of this means in terms of the global energy trade is that we will see a shift in terms of the diversification and build up in supply. we will have a change in terms of where the middle east oil is going, as well. 90% of that is expected to go to asia by 2035. >> i'm curious what the temperature on the floor was on this report. do people buy this? >> a lot of traders say it is already priced in when you look all the way out to 2017 and 2020...
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Nov 7, 2012
11/12
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the u.s. could be in for another downgrade. john harwood on the president's biggest challenge in this new term. >> hi, sue. you just heard from the politicians about their approach to the fiscal cliff and the challenge facing the country. let's look at what the voters had to say about it last night. because this is what president obama and congress are going to turn to immediately. first of all, if you segment the electorate by income, in 2008 the president carried people who earned over $200,000 a year narrowly over john mccain. he lost that group this time, also lost between between $200,000 and $250,000 and people over $250,000. but the affluent voters lost the argument on taxes with the american electorate overall. you ask people should taxes go up? 60% of the american people say yes, taxes should go up. only 35% say no, they shouldn't. then when you segment that, you've got 13% of the american people saying they should go up on everyone. that's what would happen if we went over the fiscal cliff. but 47% say they should onl
the u.s. could be in for another downgrade. john harwood on the president's biggest challenge in this new term. >> hi, sue. you just heard from the politicians about their approach to the fiscal cliff and the challenge facing the country. let's look at what the voters had to say about it last night. because this is what president obama and congress are going to turn to immediately. first of all, if you segment the electorate by income, in 2008 the president carried people who earned over...
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Nov 21, 2012
11/12
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the u.s. holiday shopping season kicks off in the u.s. retailers pulling off all the shops to draw shoppers into their stores. we put several promotions to the test when we come back. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> these are the headline ts today from around the world. angela merkel says the greek financing hole can be filled. the fbi launches a probe into alleged accounting issues in the hp autonomy deal. mike lynch denies the accusations. and reports of a blast on a bus in tel aviv sends all futures high. hillary clinton is con
the u.s. holiday shopping season kicks off in the u.s. retailers pulling off all the shops to draw shoppers into their stores. we put several promotions to the test when we come back. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit...
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Nov 14, 2012
11/12
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we have been buying a great company based here in the u.s. its earnings are going to take a cyclical dip this year most likely as a result of europe. it has a great balance sheet and trading about ten times earnings. people are afraid to own it right now. >> we are going to leave it there. thanks for joining us. a name that dan had mentioned. >> we trade and talk about that from time to time. it had a nice run earlier this year. now it is trading 77.5. to me it seems it has a chance to trade to the lower 70s which i'm sure dan doesn't care about with a five-year time horizon. >>> let's move on here. the unrest in the middle east and the impact on oil prices. take a look at this incredible video from gaza. israel launched an a air strike. crude immediately spiked. where do you put this? we know there are tensions between hamas and israel. >> i don't think so. i think this is a bigger issue than people made out today. we are used to that rhetoric but you are starting to see the rest of the middle east get involved. we saw egypt pull the ambassa
we have been buying a great company based here in the u.s. its earnings are going to take a cyclical dip this year most likely as a result of europe. it has a great balance sheet and trading about ten times earnings. people are afraid to own it right now. >> we are going to leave it there. thanks for joining us. a name that dan had mentioned. >> we trade and talk about that from time to time. it had a nice run earlier this year. now it is trading 77.5. to me it seems it has a chance...
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Nov 26, 2012
11/12
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. >>> clicks and profits, u.s. consumers are expected to spend at least $1.5 billion on this cyber monday. we'll run through the cyber winners and losers next. >>> here's another number. $5 billion, that's how much americans are expected to spend on christmas gifts for their pets this year. we'll talk to petsmart ceo in a cnbc exclusive about his company's share of this huge holiday booty coming up. >>> plus, flu shot or your job? 150 employees getting canned the day before thanksgiving for refusing to get flu shots. is that legal? stay with us. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfect
. >>> clicks and profits, u.s. consumers are expected to spend at least $1.5 billion on this cyber monday. we'll run through the cyber winners and losers next. >>> here's another number. $5 billion, that's how much americans are expected to spend on christmas gifts for their pets this year. we'll talk to petsmart ceo in a cnbc exclusive about his company's share of this huge holiday booty coming up. >>> plus, flu shot or your job? 150 employees getting canned the day...
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Nov 15, 2012
11/12
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deal and downward pressure on the economy in the first half of 2013, yields are going to go down for u.s. treasuries, high-grade market backed securities. you are going to benefit from that. the euro's downward move is going to get accelerated because the dollar will be king under those circumstances. >> what about etfs? is it obviously matters right now how things are taxed and etfs are considered more tax officials. >> they are considered more tax efficient. they are going tonight beneficiaries of any of these tax related fears that are there, mandy. but i would argue to set aside the tax aspect they are going to all benefit from it. the final point in terms of what you need to be prepared for -- gold price. we have seen that coming down. we saw that go down quite a bit. i've been very bearish on gold price for the last year and i think we are going well below $1,600. >> that's quite a lot of everything being thrown out with the kitchen sink. thank you very much. >>> remember the race to $1,000 a share between apple, google and priceline? it may now be a race down to $500. look at that
deal and downward pressure on the economy in the first half of 2013, yields are going to go down for u.s. treasuries, high-grade market backed securities. you are going to benefit from that. the euro's downward move is going to get accelerated because the dollar will be king under those circumstances. >> what about etfs? is it obviously matters right now how things are taxed and etfs are considered more tax officials. >> they are considered more tax efficient. they are going tonight...
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Nov 29, 2012
11/12
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there are parts of the u.s. economy are certainly improving, but there are other parts that have not yet felt a vice that's squeezing on them. >> all right. we got to go. the bell is going to ring shortly, i feel like. we got to go. thank you, everybody. appreciate it. we are heading toward the close and, really, the market is where it was before all the rhetoric came out on the cliff. the dow up 32 points right how it. >> we've heard some democrats made maye be willing to dive off that fiscal cliff. our next guest certainly is not following suit. find out what cuts he's willing to make. >>> another potential cost saver could be ditching the paper dollar in favor of a dollar coin. congress is considering it. could our debt literally kill the dollar bill? we'll talk about that. >>> and later on, i'll be talking exclusively to two of the nation's top ceo on how the fiscal cliff will impact their businesses. that's later on in "the closing bell." stay with us. back in a moment. [ male announcer ] if you suffer from
there are parts of the u.s. economy are certainly improving, but there are other parts that have not yet felt a vice that's squeezing on them. >> all right. we got to go. the bell is going to ring shortly, i feel like. we got to go. thank you, everybody. appreciate it. we are heading toward the close and, really, the market is where it was before all the rhetoric came out on the cliff. the dow up 32 points right how it. >> we've heard some democrats made maye be willing to dive off...
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Nov 27, 2012
11/12
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unless u.s. lawmakers reach a budget deal in january 1, a raft of temporary tax cuts are due to expire, and spending cuts will take effect. >> that means the u.s. is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense, and medical industries. it is one of the fastest-growing companies in the u.s. the company president wants to keep it that way, but at the moment, he is holding off on further investments. >> this robot is a good quality robot. phowever, we want to buy the brand-new version that is made in germany. we are pausing right now because of the fiscal cliff. there is so much uncertainty about what will happen in the future. we are not pulling the trigger to by the german robot. >> the prospect of falling off the fiscal cliff
unless u.s. lawmakers reach a budget deal in january 1, a raft of temporary tax cuts are due to expire, and spending cuts will take effect. >> that means the u.s. is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense,...
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predicts it to overtake indeed the u.s. to become number one but two thousand and sixteen promising to increase its influence across the globe of buying up ailing businesses in europe and developing africa's vast natural resources. traces the nation's rise. lighting the flame on the international stage building to new heights on this world . and soaring beyond its limits whether in outer space the arctic outer continental shelf or on your local store shelves china is making its ambitions known let's see this is made in china. made in china china well cheap economic goods have translated into massive profits for china as well as criticism you know this comes amid growing concern that china is using its economic clout for political leverage . different. trying not a very promising country. you pump your top with the rising twenty try less than five the i.m.f. says china could surpass the us economically in real terms by twenty sixteen it may not help the countless chinese who live in poverty but it sure makes rivals nervous c
predicts it to overtake indeed the u.s. to become number one but two thousand and sixteen promising to increase its influence across the globe of buying up ailing businesses in europe and developing africa's vast natural resources. traces the nation's rise. lighting the flame on the international stage building to new heights on this world . and soaring beyond its limits whether in outer space the arctic outer continental shelf or on your local store shelves china is making its ambitions known...
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Nov 26, 2012
11/12
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the top five google shopping queries in the u.s. include laptop, nexus 7, amazon, ebay and walmart come in at number nine and ten. two searches spiked over the last 24 hours. "assassins creed 3." and it's o only going to go up from here. scott? >> thanks so much. what do you make of the fact we can throw up a number of different retailers today and you're going to see retailers are getting killed. >> all of those online shopping figures are as a result of people shopping for discounts online. they're not benefitting the stores, cyber monday's actually not a real thing because they had the discounts up online on thursday night and friday morning. the whole sector that's the s&p retail, that's locked in the down trend since the first week of september. and quite frankly, it's just not a positive thing. i don't know why anyone would want to speculate in this group as a whole. you've got to be really specific if you want to play retail. >> you were specific last week on tjx. >> i was, and got out of half the position today. the stock sh
the top five google shopping queries in the u.s. include laptop, nexus 7, amazon, ebay and walmart come in at number nine and ten. two searches spiked over the last 24 hours. "assassins creed 3." and it's o only going to go up from here. scott? >> thanks so much. what do you make of the fact we can throw up a number of different retailers today and you're going to see retailers are getting killed. >> all of those online shopping figures are as a result of people shopping...
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Nov 21, 2012
11/12
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u.s. secretary of state hillary clinton announced about an hour ago that a truce had been reached between israel and hamas. so starting now, israel stops all military action in gaza, including those targeted killings. palestinians, on the other hand, will stop launching rockets on israel and border attacks on israeli troops. but there is no signed agreement. this is very important. instead, israel and hamas have agreed on an understanding, a kind of exchange of quiet for quiet, if you will, which will be the first phase. that will be followed by a second phase of intense negotiations. those will be anchored and supported and guaranteed by egypt and the united states to try to resolve the key demands on both sides. the sticking points are still hamas wants the blockade of gaza lifted immediately. israel wants an immediate end to all weapons smuggling. neither of those demands will be reached today. that's going to take some time. but at least both sides have agreed in principle to these dem
u.s. secretary of state hillary clinton announced about an hour ago that a truce had been reached between israel and hamas. so starting now, israel stops all military action in gaza, including those targeted killings. palestinians, on the other hand, will stop launching rockets on israel and border attacks on israeli troops. but there is no signed agreement. this is very important. instead, israel and hamas have agreed on an understanding, a kind of exchange of quiet for quiet, if you will,...
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in the u.s. as oh the u.s. is on the path of japan they either say that because they want to say how bad the u.s. is doing and how long this is going to be or they say hey look you know you can keep sputtering along for a really long time without just like. falling off the map and being priced out of the bond markets overgaard less does this kind of energy outlook mean that the u.s. if you're comparing it to japan could age a little better because a change like this i think it could it's funny it's you know four years ago when this whole process of q.e. started in our recession if you said that looked like japan you'd be laughed out of the room everyone would just say oh we're not japan we're not japan you could mention any one of our markets not like japan four years into it more and more people are saying oh you know what we look a lot like japan so we need to do something we need something other than q.e. in this monetary stimulus and i think you know a real effect of energy policy where we get jobs getting
in the u.s. as oh the u.s. is on the path of japan they either say that because they want to say how bad the u.s. is doing and how long this is going to be or they say hey look you know you can keep sputtering along for a really long time without just like. falling off the map and being priced out of the bond markets overgaard less does this kind of energy outlook mean that the u.s. if you're comparing it to japan could age a little better because a change like this i think it could it's funny...
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Nov 27, 2012
11/12
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CNBC
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customers, u.s. customers must close their accounts and withdrawal all funds by the end of the year. and a group of former mf global customers is asking a court for permission to subpoena the commodities brokers executives, including former ceo jon corzine, although no one's seen him. the commodity customer coalition is an advocate for trader customers who lost money when mf global went under. it wants to question mf executives under oath. we used to have him on here a lot. have we placed the call? is he returning our calls? yeah, call me. judge denied a similar request in february. and while corzine has stepped down, some executives remain at the company and they're assisting in its wind down. >>> bankruptcy beard dino, california has devoted to halt payments in an effort to try to balance its budget. the city will present the plan to a bankruptcy judge on friday. sa they need to close a nearly $46 billion budget deficit. new york and new jersey need at least $71.3 billion to recover from the devast
customers, u.s. customers must close their accounts and withdrawal all funds by the end of the year. and a group of former mf global customers is asking a court for permission to subpoena the commodities brokers executives, including former ceo jon corzine, although no one's seen him. the commodity customer coalition is an advocate for trader customers who lost money when mf global went under. it wants to question mf executives under oath. we used to have him on here a lot. have we placed the...
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Nov 22, 2012
11/12
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the mit," the flagship of u.s. journalism" -- the "new york times," the flagship of u.s. journalism, is looking for sponsors to keep going. others are having a tougher time because the income from their online editions is not enough to make up for losses from print. >> stay with us. we will be back in a minute's time and across the english channel and meet some other grumpy euro skeptics. >> that's right. stick around. >> welcome back. there is just a day to go until the e u's latest summit. this time, it is not about bailouts, but this time, the eu's very own budget n e line. >> we are talking about more than $llnos y me cou s >> most of all, britain. thbuen that would be too much. ealtogether of europe across the channel a blur in theisnce carsl would like to put as much space betwnure alevolt forc a he ul leriin lve respectha we are a liber demraes. he self terestitut feahait willndadly. rgeryhare h sptis in t.kanacss e euroanni l, wn coso is thi eradiry dre o poveyorilonf roan >> iseacoso e y rattohe ony. >> snav o ctu th aoici. b enaye e raid o soe ce. plme,he genera
the mit," the flagship of u.s. journalism" -- the "new york times," the flagship of u.s. journalism, is looking for sponsors to keep going. others are having a tougher time because the income from their online editions is not enough to make up for losses from print. >> stay with us. we will be back in a minute's time and across the english channel and meet some other grumpy euro skeptics. >> that's right. stick around. >> welcome back. there is just a day...
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Nov 9, 2012
11/12
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u.s. airways is a partner of ours, if u.s. airways merges, it would leave the star lines, that would not be good for us but on the other hand consolidation would be good and the benefits would far outweigh the cost. i think consolidation is a good idea. >> what are the benefits of consolidation? >> we've had way too many business plans chasing way too few passengers and way too much capacity in this business, it's been a fractured business and consolidation resulted in much more rational pricing and discipline. >> not just for consumers. >> i think it's good for consumers to have healthy airlines that will be there today and be there tomorrow and can make the investments in the product and the root structure. >> 787, would i know if i got on it would be so much better? >> you would know. it's incredible. >> why? >> because it is a quiet airplane, it's a spacious airplane. it's got great humidity. >> you don't dry out. >> more oxygen, big windows. it's a terrific airplane. it is so quiet, almos like being in an electric car. it
u.s. airways is a partner of ours, if u.s. airways merges, it would leave the star lines, that would not be good for us but on the other hand consolidation would be good and the benefits would far outweigh the cost. i think consolidation is a good idea. >> what are the benefits of consolidation? >> we've had way too many business plans chasing way too few passengers and way too much capacity in this business, it's been a fractured business and consolidation resulted in much more...
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Nov 23, 2012
11/12
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KGO
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in the u.s., the average duchenne sufferer dies by 25. >> let's get this party started! >> reporter: the disease killed his older brother at 19. darius is 22 and he is resolved to fight with everything he's got. >> my brother, when his life kind of slowed down and seeing him leave the world, kind of changed my life. >> reporter: for him, it's been slow but steady. he could walk when he was a kid, but around age 9, he transitioned to a walker. a wheelchair came at age 12. now, he can only wiggle his fingers and feet. ♪ i got a heart full of pain >> reporter: but his mouth works just fine. he spends a lot of his time writing rap. ♪ it's all about giving ♪ this is my life ♪ can't nobody stop me from living ♪ >> reporter: we first met darius in 2007 when my then "nightline" colleague martin bashir spent some time with him. martin had a particular interest in darius and his disease. >> my brother died when he was 29. your brother died when he was 19. do you worry at all about the future? >> the more that you appreciate your life, the more that you get out of it. >>
in the u.s., the average duchenne sufferer dies by 25. >> let's get this party started! >> reporter: the disease killed his older brother at 19. darius is 22 and he is resolved to fight with everything he's got. >> my brother, when his life kind of slowed down and seeing him leave the world, kind of changed my life. >> reporter: for him, it's been slow but steady. he could walk when he was a kid, but around age 9, he transitioned to a walker. a wheelchair came at age 12....
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Nov 21, 2012
11/12
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KCSMMHZ
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the mit," the flagship of u.s. journalism" -- the "new york times," the flagship of u.s. journalism, is looking for sponsors to keep going. others are having a tougher time because the income from their online editions is not enough to make up for losses from print. >> stay with us. we will be back in a minute's time and across the english channel and meet some other grumpy euro skeptics. >> that's right. stick around. >> welcome back. there is just a day to go until the e u's latest summit. this time, it is not about bailouts, but this time, the eu's very own budget is on the line. >> we are talking about more than $1 trillion euros over the next seven years. some countries say brussels is just asking for too much. >> most of all, britain. this government is threatening to veto anything more than a budget freeze, and skeptics say even that would be too much. >> many hard-liners in the governing conservative party say it is time to leave the eu altogether. >> an november day. the rest of europe across the channel a blur in the distance. conservative member of parliament d
the mit," the flagship of u.s. journalism" -- the "new york times," the flagship of u.s. journalism, is looking for sponsors to keep going. others are having a tougher time because the income from their online editions is not enough to make up for losses from print. >> stay with us. we will be back in a minute's time and across the english channel and meet some other grumpy euro skeptics. >> that's right. stick around. >> welcome back. there is just a day...
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welcome to the business bulletin so the financial cost of the u.s. presidential election campaign looks set to top two billion dollars so with more details i'm joined now by arena. in these times of economic hardship how come these valse amounts of money be justified and is it really all necessary well i don't think i'll be risking my journalistic integrity if i say that no really cannot be justified but the same time we're talking about five point eight billion dollars it's kind of a drop in the ocean if you compare it to the deficit that the country has and that is one point three trillion really so maybe it's not that much and yet we have to understand that these are huge companies which are donating their money to the candidate of their choice or not necessarily donating will get to that in just a little bit basically they are financing the election campaign and of course we're talking about tons of money being spent on the advertisement running on t.v. we're talking about the banners that you see on the streets we're also talking about you can l
welcome to the business bulletin so the financial cost of the u.s. presidential election campaign looks set to top two billion dollars so with more details i'm joined now by arena. in these times of economic hardship how come these valse amounts of money be justified and is it really all necessary well i don't think i'll be risking my journalistic integrity if i say that no really cannot be justified but the same time we're talking about five point eight billion dollars it's kind of a drop in...
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Nov 12, 2012
11/12
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CNBC
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u.s. is on negative outlook. s&p already downgraded. >> i think that we all kind of remember what happened -- i think that the big worry on the left side would be i think listen, nothing happened. interest rates went down again. that's a scare tactic. i'll use a scare tactic. $600 billion in new taxes january 1. that's reality. >> unemployment going back to 9.1 if this happens. that's a number that gets your attention. the "times" does a nice piece about fix the debt group. groups of very large companies trying to weigh in on their own side with ads. i don't know if we have them right now. nike with a mock nike ad that says just fix it. mcdonald's saying i'm fixing it. >> home depot. we can fix it. >> that group raised a lot of money over the last year or so. $30 million, $40 million, more than you might have anticipated to mount this public campaign. >> dave is doing a lot of great things. ceo of honeywell. wants to put aside -- i don't know if he's a democrat or republican. i know he's a
u.s. is on negative outlook. s&p already downgraded. >> i think that we all kind of remember what happened -- i think that the big worry on the left side would be i think listen, nothing happened. interest rates went down again. that's a scare tactic. i'll use a scare tactic. $600 billion in new taxes january 1. that's reality. >> unemployment going back to 9.1 if this happens. that's a number that gets your attention. the "times" does a nice piece about fix the debt...
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Nov 29, 2012
11/12
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CNBC
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u.s. yesterday. take a look at the bond wall here of course we have an italian auction coming up later and italy's ten year, below 4.5% this morning. so price rising. that yield falling. spain also benefiting. that yield down to 5.2%. bunds creeping back up to 1.4% level. let's key in on currency. the aussie dollar despite the broader risk-on attitude a weaker. dollar-yen moving higher 82.13. and the nikkei is adding to its string of gains throughout the month. euro-dollar rebounding off yesterday's trading session to add 0.1%. let's check in on how the asia trading session went overnight and for more, deidre wong morris joins us from singapore. >> well, it was a very good session over here, as well. headline driven. but a good session on the back of that optimism for fiscal cliff talk. all except this glaring spot of red. shanghai composite finishing lower for yet another session. it keeps falling further and further. doesn't seem that there is anything that policymakers or investors can
u.s. yesterday. take a look at the bond wall here of course we have an italian auction coming up later and italy's ten year, below 4.5% this morning. so price rising. that yield falling. spain also benefiting. that yield down to 5.2%. bunds creeping back up to 1.4% level. let's key in on currency. the aussie dollar despite the broader risk-on attitude a weaker. dollar-yen moving higher 82.13. and the nikkei is adding to its string of gains throughout the month. euro-dollar rebounding off...
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Nov 13, 2012
11/12
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CNBC
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can the u.s. takes the steps to avoid the fiscal cliff? stay tuned. >>> sick of paying up at the pump? i have a guy with a solution. plus it's not just the stock market, tax increases and the budget cuts of the fiscal cliff that could hit your wallet in a big way. tonight i'm helping you understand what's at stake. "mad money" is coming up next. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in bod
can the u.s. takes the steps to avoid the fiscal cliff? stay tuned. >>> sick of paying up at the pump? i have a guy with a solution. plus it's not just the stock market, tax increases and the budget cuts of the fiscal cliff that could hit your wallet in a big way. tonight i'm helping you understand what's at stake. "mad money" is coming up next. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat...
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Nov 21, 2012
11/12
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KCSM
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the u.s. as the peacekeepers will remain to protect civilians. is the u.s. capable of doing it? >> that is a? for sure. the control of the airport routes to be confirmed for the people in goma. the question is not about the airport. the question is what the u.n. and can do now. there are about 1500 peacekeepers here. i think this will continue. they are not trying to defend goma. in the days before, they could not stop them. now they are on the base and they are just here to protect the civilians. it really cannot make a big difference. >> from rwanda, thank you. eurozone finance ministers are holding a key meeting in brussels to decide whether greece should get the next tranche of bailout money. athens needs the money to avoid going bankrupt within days. >> lagarde disagrees about the best way to help greece get their national debt down to a sustainable level. and looks like another top the negotiations in brussels. >> eurozone finance ministers and the chief of the imf did not entirely cia wide. lagarde is opposed to the idea of giving athens two warriors together better contr
the u.s. as the peacekeepers will remain to protect civilians. is the u.s. capable of doing it? >> that is a? for sure. the control of the airport routes to be confirmed for the people in goma. the question is not about the airport. the question is what the u.n. and can do now. there are about 1500 peacekeepers here. i think this will continue. they are not trying to defend goma. in the days before, they could not stop them. now they are on the base and they are just here to protect the...
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right now on our website the u.s. the point is a problem of a party animal as its cultural ambassador to the middle east find out how the punk rock star andrew w.k. is planning to unite the human race. and class the biggest shopping day of the year for online u.s. retailers says expected to bring more profit to the black friday the full details on cyber monday and plenty of other stories on r.t. dot com. if you're my grandma came for better fortune in france even cleaning or dole keeping may now be out of touch the unemployment rate among the countries of four million foreignness is twice that of the national average and as are. found out some outsiders blame the native french for their troubles. it's always busy at this market on a sunday and from the looks of it you could think this is tehran obey route rather than the french capital this paris neighborhood stands just a stone's throw away from the famous eiffel tower but hardly anyone imagined just twenty years ago that the native french population would be finding
right now on our website the u.s. the point is a problem of a party animal as its cultural ambassador to the middle east find out how the punk rock star andrew w.k. is planning to unite the human race. and class the biggest shopping day of the year for online u.s. retailers says expected to bring more profit to the black friday the full details on cyber monday and plenty of other stories on r.t. dot com. if you're my grandma came for better fortune in france even cleaning or dole keeping may...
WHUT (Howard University Television)
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Nov 13, 2012
11/12
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WHUT
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a scandal among the u.s. top brass claims a second scamp amid growing concerns of a security breach. first, the c.i.a. boss general petraeus quits over an affair. now, john allen, email ex changes connected to the scandal. >> also in the program, we report from golden heights where tension is rising after israel and syria exchange fire across their border. in china, it's all change at the top. we have a special report on how the next generation is determined to tread its own path. >> i would like to be a software engineer. >> so you don't want to do the sort of things that your parents did? >> never. >> hello, it's midday here in london, 7:00 in the morning in washington. there's been a new twist to the sex scandal engulfing the american military top brass there. on friday, general david petraeus resigned as boss of the c.i.a. after it was revealed that he had been having an extra marital affair. now general john alan has been drawn into the scandal after what is being called inappropriate communications with
a scandal among the u.s. top brass claims a second scamp amid growing concerns of a security breach. first, the c.i.a. boss general petraeus quits over an affair. now, john allen, email ex changes connected to the scandal. >> also in the program, we report from golden heights where tension is rising after israel and syria exchange fire across their border. in china, it's all change at the top. we have a special report on how the next generation is determined to tread its own path....
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Nov 7, 2012
11/12
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CNBC
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if the u.s. continues to recover and the fed's allowed to do -- despite all the risks of the fed being wrong, when the economy recovers, the fed will start to move stuff away and dollar will strengthen. so i don't think outside politicians should have so much noise about the issues. >> jim, this is jared here. suppose as part of a deal going forward that the president and democrats were able to get some fiscal policy that was actually stimyoulative, something targeting job growth. that would help to complement the low rates from the fed and it would also be a statement kind of looking at europe that austerity really hasn't worked so well, vis-a-vis growth. do you think that would be useful? >> i'm in that camp. i think the europeans have been trying to push too much -- everybody counts fiscal policy around the world at the same time. it's kind of crazy by definition. so if for some miraculous reason congress could pull it off, that would be good for many reasons. it feels to me, the u.s. economy
if the u.s. continues to recover and the fed's allowed to do -- despite all the risks of the fed being wrong, when the economy recovers, the fed will start to move stuff away and dollar will strengthen. so i don't think outside politicians should have so much noise about the issues. >> jim, this is jared here. suppose as part of a deal going forward that the president and democrats were able to get some fiscal policy that was actually stimyoulative, something targeting job growth. that...
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Nov 5, 2012
11/12
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here in the u.s. we're reassessing what's happening with hurricane sandy and how that's going to impact u.s. oil prices but brent crude is oil and copper prices are at a two-month low. i want to bring in eric who is an independent copper trader here on the floor for nearly 30 years. we have seen a great deal of malaise. what is pressuring copper at the moment. >> we saw a run-up in mid september and everybody got on board waiting for the next big push. after that when it didn't materialize, we had quite a bit of sell-off ever since then. now we have supply issue in which we built up stocks lately and with uncertainty in two big elections in largest world economy, people head toward the sidelines. >> everybody is focused on the u.s. election. you say that china -- what happens on thursday there could be a really big event for the copper market. >> for europe that's been in headlines for quite a long time. they don't use that much copper and their economy is in recession for a while. much like the unite
here in the u.s. we're reassessing what's happening with hurricane sandy and how that's going to impact u.s. oil prices but brent crude is oil and copper prices are at a two-month low. i want to bring in eric who is an independent copper trader here on the floor for nearly 30 years. we have seen a great deal of malaise. what is pressuring copper at the moment. >> we saw a run-up in mid september and everybody got on board waiting for the next big push. after that when it didn't...
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Nov 13, 2012
11/12
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tampa socialite allegedly e-mailing with general john allen, he is the top commander in afghanistan for u.s. military forces. those e-mails, some 30,000 pages worth worth, according to the fbi, were apparently possibly inappropriate in nature, indicating some kind of relationship between allen and jill kelley, but jill kelley also raised the eyebrows of paula broadwell. paula broadwell is the woman who has now admitted to being general david petraeus's mistress, also his biographer around wrote the book "all in" about general david petraeus. broadwell apparently wrote some e-mails either anonymously or not, to jill kelley questioning her actions, we don't next actually what those e-mails said, those anonymous e-mails called jill kelley to reach doubt tout fbi. who did she reach out to? apparently an fbi agent who became later obsessed with the story, investigate the whole situation here around at some point in all of this the fbi agent sends shirtless pictures of himself to jill kelley. also involved in all of this, of course is general john allen. and he is the head commander over in afgha
tampa socialite allegedly e-mailing with general john allen, he is the top commander in afghanistan for u.s. military forces. those e-mails, some 30,000 pages worth worth, according to the fbi, were apparently possibly inappropriate in nature, indicating some kind of relationship between allen and jill kelley, but jill kelley also raised the eyebrows of paula broadwell. paula broadwell is the woman who has now admitted to being general david petraeus's mistress, also his biographer around wrote...
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but that these people they come here in the buy learn just like to buy a castle or jewelry on iran u.s. sanctions against oil trading with the islamic republic don't apply when you're america's largest banker. in africa china is using cash to buy clout beating western rivals in the race to exploit the continent's vast resources in its efforts to buy influence through investments have been met with an intense public backlash and countries like pakistan and building infrastructure instead of military bases has made china the preferred superpower among locals. born into thier ok. other countries but is that like america. you know that like america. their data were. still it has been abandoned its military the country's new leaders are expected to continue to pour billions into its defense budget the second largest in the world this may worry pentagon planners and beijing's asian neighbors but so far china's economic might has proven more powerful than the sword there are two nations which are fighting in the words what is america what is china so america is using which is water and there
but that these people they come here in the buy learn just like to buy a castle or jewelry on iran u.s. sanctions against oil trading with the islamic republic don't apply when you're america's largest banker. in africa china is using cash to buy clout beating western rivals in the race to exploit the continent's vast resources in its efforts to buy influence through investments have been met with an intense public backlash and countries like pakistan and building infrastructure instead of...
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Nov 16, 2012
11/12
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u.s. equity futures are down by about 21 points. s&p off by 3 1/2. and as we've been talking about daily, the looming fiscal cliff is a big piece of the market story. today barack obama is officially kicking off budget negotiations. at issue is a one-two punch. we have expiring bush era tax cuts and across the board spending cuts both set to hit in january. simpson and bowles with a warning to washington about what's at stake. >> if we get over on the cliff, we don't have a deal, and the market doesn't anticipate that we're actually going to be so stupid as to go over the cliff, then i think you'll see the market really crash and i think you'll see the rating agencies downgrade our credit again, you'll see fitch and moody's join s&p. i think you'll see corporations lose confidence. you'll see them slow down hiring, stop capital xebd churs, capital will go on on strike, it will be a hell of a mess. >> leaders of both parties think it would be to their advantage to go off the fiscal cliff. what a 12 straight that is, that we could win more as democrats
u.s. equity futures are down by about 21 points. s&p off by 3 1/2. and as we've been talking about daily, the looming fiscal cliff is a big piece of the market story. today barack obama is officially kicking off budget negotiations. at issue is a one-two punch. we have expiring bush era tax cuts and across the board spending cuts both set to hit in january. simpson and bowles with a warning to washington about what's at stake. >> if we get over on the cliff, we don't have a deal, and...
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if you like i think the u.s. is sort of divided on one hand. you know there are members of the u.s. really who would prefer the mubarak forces back but the other hand they're saying morsi has got too much from their point of view anyway and i think that you know morsi has got a difficult job because of course these countries have to get in on us eight and the u.s. is not a guarantee is going to change the course and you know i think that's what he's got to do if the underlying problems are to be addressed so i think some kind of moving away from the u.s. has to happen do you think that the people are saying we brought you into power but you're not listening to us now so we might actually get you out of power if we wanted to that's the message and i think more she's made a big mistake he you know he may have thought that basically people were and he mubarak and barak's gone and therefore have a bit of leeway but no the underlying problems the corruption and the policies of the. you know the people want to cling great with these policies they wanted radical change not cosmetic change
if you like i think the u.s. is sort of divided on one hand. you know there are members of the u.s. really who would prefer the mubarak forces back but the other hand they're saying morsi has got too much from their point of view anyway and i think that you know morsi has got a difficult job because of course these countries have to get in on us eight and the u.s. is not a guarantee is going to change the course and you know i think that's what he's got to do if the underlying problems are to...
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Nov 5, 2012
11/12
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CNBC
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right now look at u.s. equity futures, markets are under a little bit of pressure, s&p futures down by over 5 points. "squawk" will be right back. [ female announcer ] i found the best cafe in the world. ♪ nespresso. where there's a coffee to match my every mood. ♪ where just one touch creates the perfect cup. where every cappuccino and latte is made with fresh milk. ♪ and where clothing is optional. nespresso. what else? >>> welcome back to "squawk box," making headline this is morning, southern company is reporting weaker than expected third quarter earnings in revenue, that was before the bell today. the atlanta-based electricity company says results were hurt by milder than normal weather and an uncertain economy. else where, rockwell automation quarterly earnings there and sales topped wall street estimates. this company makes factory automation equipment input costs climbed during the period and shares of transocean are getting a boost this morning after the company reported a higher than expect
right now look at u.s. equity futures, markets are under a little bit of pressure, s&p futures down by over 5 points. "squawk" will be right back. [ female announcer ] i found the best cafe in the world. ♪ nespresso. where there's a coffee to match my every mood. ♪ where just one touch creates the perfect cup. where every cappuccino and latte is made with fresh milk. ♪ and where clothing is optional. nespresso. what else? >>> welcome back to "squawk box,"...
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Nov 21, 2012
11/12
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CNBC
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eye 317
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kayla is outside u.s. bankruptcy court in white plains, new york, with yet, kayla, another disappointment, right? >> reporter: it is, carl. this building behind me has come to be known as the de facto hostess funeral home. sgit that hail mary effort yesterday between hostess executives and the bakers u.n. to try union, they tried to come to a deal. they couldn't. now it's back to square one, what the judge was discussing on monday, a potential liquidation. they wanted to avoid it. they wanted to avoid costing as many jobs as it would. 18,500 people. that's how many people hostess employs. here's some issues that are going to be on the docket for certain. there is a motion by a trustee to liquidate the company in chapter 7, not chapter 11. what that means is new management would be appointed to affect the winddown, not the current management in place. another motion deals with executive pay. right now the executives are slated to get about $1.75 million as part of the wind-down effort. also a motion over wh
kayla is outside u.s. bankruptcy court in white plains, new york, with yet, kayla, another disappointment, right? >> reporter: it is, carl. this building behind me has come to be known as the de facto hostess funeral home. sgit that hail mary effort yesterday between hostess executives and the bakers u.n. to try union, they tried to come to a deal. they couldn't. now it's back to square one, what the judge was discussing on monday, a potential liquidation. they wanted to avoid it. they...
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Nov 13, 2012
11/12
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KCSMMHZ
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data to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia, general david petraeus -- >> to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia. >> general john allen is alleged to have had inappropriately to one of the women involved in the scandal. >> he was due to become nato's supreme commander in europe, but that appointment is now on hold. meanwhile, even more details of the scandal concerning general petraeus are coming to light. >> former cia head david petraeus said the affair lasted from december 2011 until four months ago. paula broadwell co-offset a biography on petraeus and made multiple trips to afghanistan -- co-authored a biography on petraeus. investigators are reported to have found that she had access to sensitive documents about afghanistan. agents searched her family home in north carolina on monday night. but there is another high-level figure involved. the pentagon is
data to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia, general david petraeus -- >> to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia. >> general john allen is alleged to have had inappropriately to one of the women involved in the scandal. >> he was due to become nato's supreme commander in europe, but that appointment is now on hold. meanwhile, even more...
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Nov 26, 2012
11/12
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CNBC
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it's more than just a u.s. story. looking into europe, emerging markets if you have a longer term time horizon. commodities. all of these things are going to be part of it and nickel and dime your nay. we don't swing for the fences. >> good stuff. thanks very much. >>> next on the program, research in motion, the target of bullish calls over the last couple trading sessions. we're going to talk about the launch of black berttblackberry. >> winklevoss will drop by and talk about why they invested 750,000 into one specific deal. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race trac
it's more than just a u.s. story. looking into europe, emerging markets if you have a longer term time horizon. commodities. all of these things are going to be part of it and nickel and dime your nay. we don't swing for the fences. >> good stuff. thanks very much. >>> next on the program, research in motion, the target of bullish calls over the last couple trading sessions. we're going to talk about the launch of black berttblackberry. >> winklevoss will drop by and talk...